300586SZSE

Announcement on the Expiration and Implementation of Specific Shareholders' Share Reduction Plan (2026-06-05)

Malion New Materials Co., Ltd.··3 pages

✨ AI Summary

This announcement details the completion of a share reduction plan by shareholder Zhang Shengye, who reduced his holdings by 14,223,980 shares, representing approximately 2% of the company's total share capital. The reduction occurred between March 5, 2026, and June 4, 2026, through both centralized bidding and block trading. The company confirms compliance with relevant regulations and that this reduction will not affect its governance structure or control.

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Full Translation

AI Translation· azure_openai

Securities Code: 300586

Securities Abbreviation: Meilian New Materials

Announcement Number: 2026-036

Guangdong Meilian New Materials Co., Ltd. (hereinafter referred to as "the Company") disclosed the "Announcement on the Pre-Disclosure of Share Reduction by Specific Shareholders" (Announcement No. 2026-017) on February 28, 2026. Shareholder Mr. Zhang Shengye planned to reduce his holdings by no more than 1% of the total share capital of the Company, or no more than 7,112,166 shares, through centralized bidding and block trading within three months from the date of disclosure of the reduction plan (March 5, 2026 - June 4, 2026). For specific details, please refer to the relevant announcements disclosed by the Company on the Giant Tide Information Network (http://www.cninfo.com.cn).

Recently, the Company received a "Notice of Implementation of Share Reduction Plan" from Mr. Zhang Shengye, indicating that the reduction plan period has expired as of June 4, 2026. During the period from March 5, 2026, to June 4, 2026, Mr. Zhang Shengye reduced his holdings by a total of 14,223,980 shares through centralized bidding and block trading, accounting for approximately 1.99995% of the Company's total share capital. The implementation details of the reduction plan are as follows:

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